Debt Consolidation Calculator

PKR
%
PKR
%
%
months
Finance Updated 16 Jun 2026

Debt Consolidation Calculator is a financial calculator that helps you calculate debt consolidation values from your input data. The formula used is: Weighted Rate = (D1×R1 + D2×R2) / (D1+D2)\nConsolidated EMI = TotalDebt × r × (1+r)^n / ((1+r)^n − 1)\nSavings = Interest(weighted rate) − Interest(consolidation rate). Enter monetary values in your local currency. Enter interest rates as plain numbers (e.g. enter 5 for 5 %).

Formula

Weighted Rate = (D1×R1 + D2×R2) / (D1+D2) Consolidated EMI = TotalDebt × r × (1+r)^n / ((1+r)^n − 1) Savings = Interest(weighted rate) − Interest(consolidation rate)

Example Calculation

Inputs
  • Debt 1 Balance (PKR): 200000 PKR
  • Debt 1 Annual Rate: 36 %
  • Debt 2 Balance (PKR): 150000 PKR
  • Debt 2 Annual Rate: 24 %
  • Consolidation Loan Rate: 18 %
  • Consolidation Term: 60 months

Suppose you enter: Debt 1 Balance (PKR) = 200000, Debt 1 Annual Rate = 36, Debt 2 Balance (PKR) = 150000, Debt 2 Annual Rate = 24, Consolidation Loan Rate = 18, Consolidation Term = 60. The calculator applies the formula (Weighted Rate = (D1×R1 + D2×R2) / (D1+D2)\nConsolidated EMI = TotalDebt × r × (1+r)^n / ((1+r)^n − 1)\nSavings = Interest(weighted rate) − Interest(consolidation rate)) and shows all output values below. Change any input field to immediately see how the result changes.

Frequently asked questions

What is the Debt Consolidation?
The Debt Consolidation Calculator is a financial calculator that helps you calculate debt consolidation values from your input data. Enter monetary values in your local currency. Enter interest rates as plain numbers (e.g. enter 5 for 5 %).
When should I use this calculator?
Use this calculator whenever you need a quick, accurate result for debt consolidation values from your input data without working through the arithmetic manually.
What units should I enter?
Enter monetary values in your local currency. Enter interest rates as plain numbers (e.g. enter 5 for 5 %).
How accurate are the results?
Assumes constant rates, no additional fees, and no tax unless stated. Actual outcomes vary with market conditions.
How do I interpret the result?
Compare against your financial goals or market benchmarks. A higher figure may mean greater cost or greater return depending on context.
How can I verify the calculation manually?
Use the displayed formula and work through the numbers step by step. If your manual result differs slightly, check rounding and unit conversions first.
Can I use this for planning and budgeting?
Yes. Run best-case, expected, and worst-case inputs to compare outcomes and make safer planning decisions.